7 Reasons Why Being an Entrepreneur is a Perfect Career Choice

More and more young adults are opting entrepreneurship as preferred career option. Most interestingly, a sizeable number actually start their ventures during much before they complete their formal education.

According to a study, conducted by International School of Entrepreneurship Education and Development (ISEED), revealed that more than 87% students surveyed aspire to become an entrepreneur at one point of life, while about 90% believe that the country is full of entrepreneurship opportunities.

Here are 7 reasons why you are opting for a right choice:

1. You’ll get to live the life of your dreams

Not everyone gets to live their dream lifestyle, and certainly not a majority of people that work 9-5 jobs. Many people have had tough economic times and wrong executive decisions cut their dreams short. Being an entrepreneur puts you on path to live the life of your dreams.

What most people like to associate with entrepreneurship is hard work, sleepless nights, and worries over whether they are making the right decisions or not. However, many fail to see the beautiful side of being an entrepreneur. Entrepreneurs like Sir Richard Branson, Neil Patel, Tim Sykes make good efforts to show the beautiful sides of entrepreneurship.

By following the path of entrepreneurship, you’ll get to live the life of your dreams once success comes your way.

2. People Will Respect You

In the world where a larger percentage of its population are uncertain of what the future holds, a young person who has made the decision to take his/her own world into their hands sure gets a lot of respect from people. My friend, Olawale Daniel of Techatlast.com recently told me how so many people were asking him to sign autographs when they learned he runs his own business. This is the “cool guy/gal” atmosphere you carry around as an entrepreneur.

Your parents and siblings will have even higher level of respect for you the moment you make the big announcement that you’re going to start your own business.

3. You’ll Learn More about Money than Your Friends Would

One thing entrepreneurs learn very quickly is how money works. Someone working in a 9-5 job may not need to bother to learn about how money functions because they practically have everything handed to them. As an entrepreneur, you will learn, firsthand, that without money life can be tough.

Young entrepreneurs like myself may find it hard to control how money goes out of their pocket, but, trust me, with a couple of hard knocks from the real world, you’ll quickly learn to keep your wallet closed tightly.

4. You Will Be In Control of Your Financial Life

A higher percentage of the problems we encounter in life are money-related. When you’re working for someone, they control your financial life. You only get paid when they decide you will. Should they mismanage the company’s funds, you may not get paid for what you’ve worked for.

Being in control of your financial life is such a beautiful thing. There are dozens,even hundreds, of books on financial management, but you’ll never get a practical experience of full financial control without running your own business.

5. You’ll Get to Know Most of Your Dream Businessmen and Women

As kids, we grow up admiring certain people. For most people they are athletes, movie stars, and authors while for others they are successful business people and politicians. The chance of meeting these people and interacting with them in the real world is just as slim as winning a lottery ticket.

An opportunity to meet and even work with one or more of the people you admire growing up is one of the life perks entrepreneurship brings you. In 2014, Richard Branson gave several young inventors and entrepreneurs the opportunity to meet with him one-on-one and share their ideas with him.

So many successful business people, athletes, and movie stars love to interact with young entrepreneurs. Just don’t forget — once you have hit the big time, give back to the kids that look up to you.

6. You’ll Live a Life Full of Courage

If there’s one thing entrepreneurs are not, it is being a coward. Entrepreneurship will help you develop self confidence and a great sense of courage. Deciding to take your career into your own hands by starting on your own business sure takes a very great amount of courage.

So when you want to think about some other life benefits of being an entrepreneur, being courageous should count as part of it.

7. You Get to Shape Other People’s Career

How often do you get to feel the sense of responsibility when others are involved, especially when it has to deal with their career? As an entrepreneur, you get to hire people to work for you and your business. This gives you a rare opportunity to help build people’s careers.

When you wake up every morning, remembering that a family is able to feed itself and live the life of their dream is all because of you makes you feel fulfilled.